Question: Tax rate for trading profits and premium sold/received?

Discussion in 'Learn how to trade or invest by asking questions' started by mjkwong, May 30, 2017.

  1. mjkwong

    mjkwong New Member

    Hi, not sure if this is the right forum to ask this question but here goes:

    What tax rate are profits earned in my trading account (individual) taxed at? say most of it comes from premiums received for calls and puts sold in the account. Is it just at my ordinary income rate? Or can any of it be at the capital gains rate? Thanks in advance!
     
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